**IMPORTANT UPDATE**
Last week, EPA announced a proposed Prospective Purchaser Agreement (PPA) that is open for public comment for the Olin property – the approximately 50-acre parcel at 51 Eames Street in Wilmington, Massachusetts.
EPA has since created a Frequently Asked Questions document for the PPA. It can be read HERE.
Below is the original press release from the EPA:
WILMINGTON, MA — This week, the United States Environmental Protection Agency announced a proposed Prospective Purchaser Agreement (PPA) that is open for public comment for the Olin property – the approximately 50-acre parcel at 51 Eames Street in Wilmington, Massachusetts – where chemical manufacturing and waste disposal activities were formerly conducted. These industrial activities resulted in extensive environmental contamination that led to the Olin Chemical Superfund Site’s designation as a federal Superfund site in 2006.
A prospective purchaser agreement is the primary settlement tool used by EPA to address the liability concerns of a prospective purchaser or other third party who wants to redevelop a site. EPA’s proposed PPA is with the real estate developer Wilmington Woburn Industrial, LLC (WWI), previously Wilmington Woburn Intermodal, LLC, an affiliate of GFI Partners, LLC.
WWI has informed EPA that its planned redevelopment of the Olin property includes the construction of a 195,400 square foot warehouse facility at the main entrance to the Olin property along Eames Street.
In the PPA, WWI agrees that it will coordinate and cooperate with Olin Corporation to ensure that the construction of the project will be consistent with the requirements of EPA’s cleanup plan for the site and EPA’s legal agreement with Olin Corporation and three other parties responsible for the contamination, to conduct the cleanup and pay agency oversight costs.
The proposed PPA, signed by WWI, EPA, and the Environmental and Natural Resources Division of the U.S. Department of Justice, is subject to a 30-day public comment period. The PPA and related Site documents are available at EPA’s website at https://www.epa.gov/superfund/olin.
The proposed PPA is also available at https://www.regulations.gov by searching for Docket ID No. EPA-R01-SFUND-2024-0214.
The proposed PPA and related Site documents are also available for public inspection at the U.S. EPA, Region 1, SEMD Records and Information Center, 5 Post Office Square, Suite 100, Boston, MA 02109 by appointment only (by calling 617-918-1440 or by emailing r1.records-sems@epa.gov).
The Public Comment Period ends on Thursday, August 1, 2024.
Submit your comments online at https://www.regulations.gov (Docket ID No. EPA-R01-SFUND-2024-0214). Enter EPA-R01-SFUND-2024-0214 in the search field. Then, click on the Comment button.
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